蝌蚪网

Spillovers and Training Effects on Mental Health Prescribing for Children

By Janet Currie, W. Bentley MacLeod, and Mengsong Ouyang

蝌蚪网 Papers and Proceedings, May 2024

We use data on all prescriptions filled at US retail pharmacies from 2006 to 2018 to examine deviations from best practice in prescribing psychiatric medications to children. The results demonstrate the importance of spillovers from other doctors in the s...

Change Behavior, Motivation Will Follow(?): Acquired Taste and Incentives

By Gretchen Chapman and Uri Gneezy

蝌蚪网 Papers and Proceedings, May 2024

Whereas it is well established that changing motivation can affect behavior, we pose the opposite question: can changing behavior alter motivation? We examine three phenomena that provide an affirmative answer. Preference discovery occurs when a new behav...

The educational benefits of public libraries

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Do investments in public libraries boost student test scores?

CSWEP Board: Didem T眉zemen

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Nobel Lecture: An Evolving Economic Force

By Claudia Goldin

蝌蚪网 Review, June 2024

Front Matter

蝌蚪网 Review, June 2024

Welfare Comparisons for Biased Learning

By Mira Frick, Ryota Iijima, and Yuhta Ishii

蝌蚪网 Review, June 2024

We study robust welfare comparisons of learning biases (misspecified Bayesian and some forms of non-Bayesian updating). Given a true signal distribution, we deem one bias more harmful than another if it yields lower objective expected payoffs in all decis...

The Flight to Safety and International Risk Sharing

By Rohan Kekre and Moritz Lenel

蝌蚪网 Review, June 2024

We study a business cycle model of the international monetary system featuring a time varying demand for safe dollar bonds, greater risk-bearing capacity in the United States than the rest of the world, and nominal rigidities. A flight to safety generates...

Task-Based Discrimination

By Erik Hurst, Yona Rubinstein, and Kazuatsu Shimizu

蝌蚪网 Review, June 2024

We develop a task-based model of occupational sorting to identify and quantify the effect of discrimination, racial skill gaps, and aggregate task prices on Black-White differences in labor market outcomes over time. At the heart of our framework is the i...

Information Technology and Returns to Scale

By Danial Lashkari, Arthur Bauer, and Jocelyn Boussard

蝌蚪网 Review, June 2024

What are the implications of the dramatic fall in IT prices for aggregate technology? When firm-level technologies are continuously differentiable, a factor price shock leads to (i) a substitution between factors and/or (ii) an endogenous response of retu...

Breaking Gender Barriers: Experimental Evidence on Men in Pink-Collar Jobs

By Alexia Delfino

蝌蚪网 Review, June 2024

I investigate men's limited entry into female-dominated sectors through a large-scale field experiment. The design exogenously varies recruitment messages by showing photographs of current workers (male or female) and providing information on the share of...

Status Externalities in Education and Low Birth Rates in Korea

By Seongeun Kim, 惭颈肠丑猫濒别 Tertilt, and Minchul Yum

蝌蚪网 Review, June 2024

South Koreans appear to be preoccupied with their offspring's education and also have the lowest total fertility rate in the world. We propose a novel theory with status externalities and endogenous fertility connecting these facts, motivated by novel emp...

Long-Run Effects of Incentivizing Work after Childbirth

By Elira Kuka and Na'ama Shenhav

蝌蚪网 Review, June 2024

This paper identifies the impact of increasing post-childbirth work incentives on mothers' long-run careers. We exploit variation in work incentives across mothers based on the timing of a first birth and eligibility for the 1993 expansion of the Earned I...

Financial Access and Labor Market Outcomes: Evidence from Credit Lotteries

By Bernardus Van Doornik, Armando Gomes, David Schoenherr, and Janis Skrastins

蝌蚪网 Review, June 2024

We assess the employment and income effects of access to credit dedicated to investment in individual mobility by exploiting time-series variation in access to credit through lotteries for participants in a group-lending mechanism in Brazil. We find that ...

Background Risk and Small-Stakes Risk Aversion

By Xiaosheng Mu, Luciano Pomatto, Philipp Strack, and Omer Tamuz

蝌蚪网 Review: Insights, June 2024

Building on Pomatto, Strack, and Tamuz (2020), we identify a tight condition for when background risk can induce first-order stochastic dominance. Using this condition, we show that under plausible levels of background risk, no theory of choice under risk...

Disentangling Rent Index Differences: Data, Methods, and Scope

By Brian Adams, Lara Loewenstein, Hugh Montag, and Randal Verbrugge

蝌蚪网 Review: Insights, June 2024

Rent measurement determines 32 percent of the CPI. Accurate rent measurement is therefore essential for accurate inflation measurement, but the CPI rent index often differs from alternative rent inflation measures. Using repeat-rent inflation measures cre...

Debt Moratoria: Evidence from Student Loan Forbearance

By Michael Dinerstein, Constantine Yannelis, and Ching-Tse Chen

蝌蚪网 Review: Insights, June 2024

We evaluate the effects of the 2020 student debt moratorium. Using administrative credit panel data, we compare borrowers whose loans were frozen to borrowers whose loans were not frozen based on whether the government owned the loans. We estimate that bo...

Moderate Utility

By Junnan He and Paulo Natenzon

蝌蚪网 Review: Insights, June 2024

Hotelling's and Salop's spatial competition models, as well as nested logit, covariance probit, elimination-by-aspects, and several other well-known discrete choice models, belong to the class of moderate utility models, where binary choices are a functio...

The US-China Trade War and Global Reallocations

By Pablo Fajgelbaum, Pinelopi Goldberg, Patrick Kennedy, Amit Khandelwal, and Daria Taglioni

蝌蚪网 Review: Insights, June 2024

The US-China trade war created net export opportunities rather than simply shifting trade across destinations. Many "bystander" countries grew their exports of taxed products into the rest of the world (excluding the United States and China). Country-spec...

The Fading Treatment Effects of a Multifaceted Asset-Transfer Program in Ethiopia

By Nathan Barker, Dean Karlan, Christopher Udry, and Kelsey Wright

蝌蚪网 Review: Insights, June 2024

We study the long-run effects of a big-push "graduation" program in Ethiopia in which very poor households received a one-time transfer of productive assets (mainly livestock), technical training, and access to savings accounts. After seven years, treatme...